Ponzi Schemer Sentenced To 18 Months For Role In $405m Fraud

Local news from Newsday, Long Island Newsday: Local
Fri, 02/17/2017 - 4:39pm

A former key associate of Ponzi scammer Nicholas Cosmo was sentenced to 18 months in prison Friday for his role in the $405 million fraud that cheated many blue-collar and civil servants on Long Island, officials said.

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Topics: ponzi nicholas cosmo long island role fraud sentenced to months

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